Flames reached within 15 metres of La Trobe Retirement Village by a suspected arsonist, described as being just 18-20 years old. He is blamed for six small fires that were lit but fortunately they did not grab hold, but over an acre of land was scorched. Nobody was evacuated from the village.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
